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Stay up to date on the current mortgage rates with Newsweek Vault. Our goal is to help you understand the why behind current mortgage rate fluctuations.
Average mortgage refinance increased for 30-year fixed, 30-year Jumbo and trended higher for 15-year fixed rates.
The 30-year mortgage rate average was 6.81% on Thursday, 3 basis points higher than the day before, but still well below 7%. Other purchase rates stayed the same.
US mortgage rates rose to the highest level since July, leading to a fifth straight weekly decline in refinancing activity.
Average mortgage rates increased for 30-Year fixed, 30-Year Jumbo and trended higher for 15-Year fixed rates.
The average long-term US mortgage rate ticked up again this week, remaining at its highest level since July. The benchmark 30-year fixed rate loan rate rose to 6.93 percent from 6.91 percent ...
Mortgage refinance demand increased to levels not seen since September 2022 amid softening interest rates, as reported by Optimal Blue in its July 2024 Market Advantage mortgage data report, ...